Issue Position: On Spending

Issue Position

February 17, 2012 marked the end of the 3rd year of stimulus spending and the third anniversary of the signing of the original stimulus bill. We have now had some $2.4 trillion of stimulus spending, virtually none of which has stimulated anything.

Most Americans remember when Congress passed and President Obama signed the bill to spend nearly $800 billion of emergency stimulus spending. Most, however, do not realize that we have continued to spend that $800 billion every year since and will continue to do so unless we pass a budget taking us back to 2008's level of spending. That amounts to $1.8 trillion so far that our children and grandchildren will have to pay back because every bit of it has been deficit spending. You see, all of that stimulus money is now part of what the politicos like to call "the base line:" in other words, the starting point for spending each year. President Obama has now called for a budget that not only will spend the stimulus again, but will actually increase that spending yet again.

It is time to put some fiscal sanity back into Washington before our politicians spend away the future of our great, great, great grandchildren.

Of course, the 3rd District's Democrat incumbent has rubber-stamped all of this, and will certainly do so again with President Obama's current budget plan. Now he has even proposed billions of additional spending that is not even the president's new budget request, including spending taxpayer money to fund all congressional and senate races as well as the presidential race. He also wants the government to provide direct funding for underwater mortgages, estimated to be in excess of $700 billion dollars. All of that money to is to come from the taxpayers. Rep. Yarmuth says he wants to take money out of politics. But let's be honest, he's fine with it so long as it's taxpayers' money.

I say it is time to turn off the money spigot to Washington. I say that we can make better use of your money and that we need to stop spending our grandchildren's money. It is time to tell Mr. Yarmuth and his buddies to get their hands out of our pockets and to leave the future of our children alone. Let them figure out how to spend their money and we'll do the same.

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